energy insurance


Opportunity for ILS investors in energy & power: Twelve Specialist Risk

There is an opportunity for investors or ILS funds to provide collateralised reinsurance capacity to the energy and power generation sectors, according to specialist MGA Twelve Specialist Risk. Twelve Specialist Risk Limited (Twelve) is an MGA with a focus on machinery breakdown risks and specialises in Excess of Loss (XoL), particularly read the full article →

Energy re/insurance market increasingly overcapitalised, ILS a factor

With rates in the global property/catastrophe (P/C) space remaining under significant pressure insurance-linked securities (ILS) capacity is increasingly interested in specialty markets, such as energy. But with that market already facing a perfect storm of capacity, the pressure is only set to increase. Recent analysis from brokerage Willis Towers Watson (WTW) read the full article →

London re-insurance market softening to continue in 2017: PwC

The London insurance and reinsurance market will see continued price softening in 2017, albeit at a reducing pace, according to PwC, which the consultancy believes will result in around a third of the market experiencing an underwriting loss next year. The global reinsurance market has been softening steadily for a number read the full article →

Energy risk insurance shortfall presents opportunity for ILS

According to Willis Towers Watson the energy industry faces a huge insurance shortfall, leaving many of the world's largest energy companies exposed as they often find it hard to secure the level of insurance protection they really require. Insurance and reinsurance broker, consultancy and advisory Willis Towers Watson (WTW) explained that read the full article →

Re/insurance, ILS key for energy sector extreme weather risks

The energy sector is increasingly vulnerable to the impacts of extreme weather events around the globe, highlighting a need for greater innovation and adoption of reinsurance & risk transfer solutions to mitigate potential losses and build sector resilience. According to the World Energy Council (WEC), energy systems around the world are read the full article →

Stiff competition results in softening energy market challenges

The energy insurance and reinsurance market has witnessed increasingly intense competition in recent times, as traditional and insurance-linked securities (ILS) participants look to the space, negatively impacting rates. Much discussion over the past 12 months concerning pricing pressures and competition in the global insurance and reinsurance sector has circulated around property read the full article →

Energy insurance buyers to benefit from new reinsurance capital: Marsh

Buyers of energy insurance will benefit from increased competition and an accelerated softening of energy insurance rates at mid-year renewals, according to Marsh, as the impact of new and alternative sources of reinsurance capital spreads. According to insurance broking and risk management firm Marsh, the energy sector is set to benefit read the full article →